supply chain management

In commerce, supply chain management, the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Source: en.wikipedia.org

As Shipping Costs Drop, Savvy Retailers Lower Prices to Consumers

As Shipping Costs Drop, Savvy Retailers Lower Prices to Consumers
As Shipping Costs Drop, Savvy Retailers Lower Prices to Consumers
March 01, 2023  |  Retail

Amidst a year-plus of grim headlines, retailers could use a bit of good news. As reported by WSJ earlier this week (Feb. 27), shipping rates,...

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Target Invests $100M in Sorting Centers to Meet Fast Delivery Demand
Target Invests $100M in Sorting Centers to Meet Fast Delivery Demand
February 22, 2023  |  Retail

Target is making a $100 million bet on eCommerce by expanding its supply chain operations. The retailer announced Wednesday (Feb. 22) it would increase the...

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nChain and Unisot Partner on Blockchain-Powered Supply Chain Platform
nChain and Unisot Partner on Blockchain-Powered Supply Chain Platform
February 16, 2023  |  Supply Chain

nChain and Unisot have partnered to improve supply chain traceability for all participants. With this strategic partnership, Unisot’s supply chain traceability and sustainability platform will...

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TCH Says AI Bridges Payments Innovation Gap Between Banks and Merchants
TCH Says AI Bridges Payments Innovation Gap Between Banks and Merchants
February 15, 2023  |  Artificial Intelligence

Artificial intelligence (AI) is gearing up to transform payments and commerce. Peter Davey, senior vice president and head of product innovation and labs at The...

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Maersk Projects $26B Drop in Profits After Record 2022
Maersk Projects $26B Drop in Profits After Record 2022
February 08, 2023  |  Earnings

Global shipping giant Maersk is projecting profits will plummet this year following a record 2022. The company’s 2022 earnings report released Wednesday (Feb. 8) shows...

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Children’s Place Surprised by High Cotton, Air Freight and Container Costs
Children’s Place Surprised by High Cotton, Air Freight and Container Costs
February 06, 2023  |  Retail

Unexpected supply chain costs took a toll on The Children’s Place in the fourth quarter. The children’s specialty apparel retailer said in Monday (Feb. 6)...

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Craft Raises $32M to Help Companies Monitor Suppliers
Craft Raises $32M to Help Companies Monitor Suppliers
February 01, 2023  |  Investments

Intelligence platform Craft has raised $32 million to help companies track supplier networks. The company announced the Series B equity financing Wednesday (Feb. 1), saying it would...

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FourKites and Cargonerds Add Real-Time Tracking to Digital Freight Platform
FourKites and Cargonerds Add Real-Time Tracking to Digital Freight Platform
January 30, 2023  |  Partnerships

FourKites and Cargonerds have partnered to help freight forwarders and shippers track global shipments in real time. The new collaboration adds FourKites’ real-time supply chain...

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